Category: Employee Care
The Effect of Remittances on Economic Growth: Why the Money Your Employees Send Home Matters Globally
OverviewThe effect of remittances on economic growth extends far beyond individual households. This overview examines how the $656 billion workers sent home in 2023 stabilised consumption, financed small businesses, and drove financial inclusion across developing economies. It covers transmission channels, regional evidence, case studies from major recipient countries, current challenges including high transfer costs, and […]
What Is the Best Money Transfer Option for Low-Income Workers – How Can Employers Help?
OverviewThe best money transfer option balances cost, speed, security, and accessibility, but for low-income migrant workers in the UAE, the stakes are higher. This overview covers how transfer costs disproportionately impact workers earning AED 1,500–2,500 monthly, which evaluation criteria define “best”, how different provider types compare on fees and payout access, and what employers can […]
How to Send Money Overseas: What Migrant Workers Need to Know – and How Employers Can Help
OverviewFor millions of workers in the UAE, sending money home is not an occasional transaction; it is a monthly necessity that connects them to families depending on those funds. This overview covers how international money transfers work, the channels available, hidden cost structures workers face, documentation requirements, safety protocols, and the specific role UAE employers […]
ESG Reporting Solutions: How Fintech Platforms Are Helping Employers Track Social Impact Automatically
OverviewESG reporting has shifted from a voluntary practice to a regulatory requirement across major jurisdictions. Employers now face mandatory disclosure deadlines, substantial non-compliance penalties, and investor pressure for audit-ready social impact data. This overview covers how fintech platforms automate ESG data collection through payroll and HRIS integration, the core features that distinguish modern solutions, implementation […]
Why Financial Inclusion Matters for Migrant Workers
Let’s be honest, migrant workers are the invisible backbone of many economies, especially in the Gulf region. They build our roads, run our services, and care for our homes. Yet, when it comes to accessing basic financial services, they’re often left out of the system. That’s where financial inclusion for migrant workers becomes not just […]
Diversity or Diversion? Impact of D&I in Tech
The three Ds – Data, Digital, and Diversity. Over the past few years, the three D’s have dominated the focus of high performing businesses: Diversity, Data, and Digital. These themes have been the center stone of people and business strategies across the globe, as companies compete for talent and strive to secure a competitive advantage […]
Financial Literacy for Everyone
At myZoi we are not just about numbers and budgets. We are about people and their financial journeys. Financial literacy and financial inclusion goes beyond just buzzwords and they lie at the core of our mission. We firmly believe that everyone regardless of their background or social status deserves access to practical money tips that […]